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Question
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Currency Notes | A. | General acceptability |
| (ii) | Demand deposits | B. | Lack of double coincidence of wants |
| (iii) | Feature of money | C. | Legal tender |
| (iv) | Problem of barter exchange | D. | Bank money |
Options
(i) C, (ii) D, (iii) A, (iv) B
(i) A, (ii) B, (iii) D, (iv) C
(i) B, (ii) C, (iii) A, (iv) D
(i) C, (ii) D, (iii) B, (iv) A
Solution
(i) C, (ii) D, (iii) A, (iv) B
Explanation:
| Column A | Column B | ||
| (i) | Currency Notes | C. | Legal tender |
| (ii) | Demand deposits | D. | Bank money |
| (iii) | Feature of money | A. | General acceptability |
| (iv) | Problem of barter exchange | B. | Lack of double coincidence of wants |
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